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Intersect Power’s Lumina Solar Project, Generating 828 MWp, Achieves Commercial Operation in Texas In a significant development, Intersect Power, LLC, proudly announced the commencement of commercial operations at its Lumina Solar project in Scurry County, TX, on January 3, 2024. Boasting an impressive generation capacity of 828 MWp/640 MWac, the Lumina project stands as a reliable source of solar energy, sufficient to power over 243,000 homes for an entire year. The project, constructed with cutting-edge First Solar panels, not only demonstrates technological advancement but also contributed to the creation of more than 900 jobs during peak construction. Sheldon Kimber, the CEO of Intersect Power, emphasized the pivotal role of renewable energy in the […] Read the full story here: https://lnkd.in/gUPXwJPW #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #houston #luminasolarproject #renewableenergy #solarpanels #unitedstates

Avantus Secures $522 Million for Solar Expansion 🌞💡 TL;DR Avantus has raised $522 million from KKR and Sumitomo Mitsui Banking Corporation to boost its solar and energy storage projects in the Western U.S. This funding follows KKR’s acquisition of a majority stake in Avantus, facilitating plans for over 30 GWdc of solar and 94 GWh of storage. Highlights • $522 million secured for renewable energy development • Majority stake acquired by KKR, showing commitment to clean energy • Focus on expansive solar and storage projects in the southwestern U.S. • Funding will help secure key agreements and support operational needs • Rising demand for clean energy aligns with market opportunities • Avantus aims for large-scale solar-plus-storage systems #RenewableEnergy #SolarPower #EnergyStorage #Avantus #Kernels #SustainableFuture Article Source https://lnkd.in/gUs75_yJ

👉RIC Energy's projects are growing and consolidating across the four continents where it has a presence. 🌍 This week, we announce, with extensive media coverage on both sides of the Atlantic, the sale of three solar plants in the United States, specifically in the state of New York, to Luminace, a subsidiary of the Brookfield fund. 🌞 It is expected that the facilities will provide clean energy to more than 5,000 households participating in the Community Solar programs of that state, where RIC Energy establishes itself as one of the largest developers, with over 600 MW out of a total of 2,000 MW it is developing in the North American country. 💡 Through this system, unfamiliar in Europe, individuals subscribe to a portion of the electricity generated by a photovoltaic project, resulting in a reduction in their electricity bill without the need to install panels on their own property. 🏡 #SustainableEnergy #EnergyInnovation

🎉News!!! #SUUN:NASDAQ / #SUNN:NASDAQ NEWS!!!🎉 ✅Solarbank Signs Lease For 3.2 MW Solar Project In N.Y.✅ 🎯Expected to operate as a community solar site, selling credits to subscribers. 🎯Over 370 homes expected to be provided with green energy once operational. 🎯Eligible to participate in the NYSUN program to receive NYSERDA incentives. ✅TORONTO, May 6, 2024 /CNW/ - SolarBank Corporation (Nasdaq: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announces that it has executed a lease agreement on a 29.6 acre site in Black Creek, New York. SolarBank intends to develop a 3.2 MW DC ground-mount solar power project on the site (the "Project"). The Project is expected to be eligible for incentives under the New York State Energy Research and Development Authority ("NYSERDA") NY-Sun Program. ✅The Company has submitted its initial interconnection request for the Project and is awaiting the results of that process. Following receipt of interconnection approval, the Company will work to complete the permitting process and secure the necessary financing for the construction of the Project. ✅Once completed, the Project will be operated as a community solar project. Community solar is a group of solar panels with access to the local electricity grid. Once the panels are turned on and generating electricity, clean energy from the site feeds into the local power grid. Depending on the size and number of panels the project has, dozens or even hundreds of renters and homeowners can save money from the electricity that is generated by the project. ✅By subscribing to a project, a homeowner earns credits on their electric bill every month from their portion of the solar that's generated by the project, accessing the benefits of solar without installing panels on their home....... Fulll PR👉https://bit.ly/3QzB2YB Visit👉www.solarbankcorp.com #esg #esginvesting #solar #nasdaq #renewables

Thinking of going solar?☀Before choosing which course of action to follow, investors and enterprises should be aware of the advantages and contrasts between capital expenditure 🙎♂️(#Capex) and operational expenditure 🤝 (#Opex) solar financing schemes. 📃 Recent significant developments in 💡#solar energy have led many organisations to implement solar power systems for a range of advantages, including as increased 🏬 building aesthetics, 💵 cost savings, and efficient use of available space. Two widely used models in the field of 🌞 solar energy adoption are #Opex and #Capex. ⏩ Read more : https://lnkd.in/gNNnFxSN #renewableenergy #solarpower #sustainability #Insolareenergy

North Texas' JBB Advanced Technologies to Acquire Houston Solar Energy Developer Proteus Power🌞⚡ TL;DR: North Texas' JBB Advanced Technologies is set to acquire Houston's renewable energy developer Proteus Power, expanding its footprint in solar and battery storage. The move promises to boost the Texas economy while retaining all current staff as operations shift to Carrollton. Highlights • JBB to integrate Proteus Power's renewable energy expertise • Retaining all existing employees promotes continuity • Anticipated economic impact with billions contributed to Texas • Plans include 5 GW of solar and storage projects by 2028 • Strategy aligns with innovation in sustainable energy solutions #RenewableEnergy #SolarPower #EconomicGrowth #Texas #Sustainability #EnergyInnovation Article Source https://lnkd.in/g25uqxtS

The U.S. solar industry has made a significant leap in Q2 2024, installing 9.4 GW of new solar capacity, a testament to the impact of federal clean energy policies. ☀️ This growth marks a pivotal moment as the industry has added 75 GW of new capacity in just two years under the Inflation Reduction Act, representing over 36% of all solar capacity in U.S. history. Texas continues to lead with 5.5 GW installed, while states like Florida, Nevada, and Arizona are also making significant strides. 📈 Looking ahead, the solar sector is expected to double its capacity by 2029, overcoming challenges like equipment shortages and interconnection backlogs. The future is bright for solar energy, with ongoing advancements and growth on the horizon. Source: U.S. Solar Market Insight Q3 2024 Report by SEIA and Wood Mackenzie #SolarEnergy #CleanEnergy #SolarGrowth #RenewableEnergy #EnergyInnovation #SolarCapacity #SustainableFuture #SolarIndustry #GreenEnergy

Recording breaking 11 GW of new module manufacturing capacity in Q1 2024, surpassing 200 GW in total capacity. While this growth boosts U.S. energy economy and uplifts communities, we face challenges like labor shortages and policy uncertainties. How can we address these to ensure sustained progress in our clean energy revolution? 🤔🔍 #SolarEnergy #CleanEnergy #SustainableFuture #Leadership #Innovation

☀️ U.S. Solar Panel Manufacturing Capacity Quadruples The U.S. solar industry is booming, with manufacturing capacity now exceeding 31 GW, a nearly four-fold increase since the Inflation Reduction Act (IRA) passed in 2022. In Q2 2024 alone, 9.4 GW of new solar capacity was installed, and 75 GW has been added in the two years since the IRA took effect. States like Texas, Arizona, and Georgia are leading the charge, with major manufacturing facilities driving growth. While challenges remain, U.S. solar capacity is projected to double by 2029! 🌍 #SolarEnergy #CleanEnergy #RenewableEnergy #ClimateAction #SolarManufacturing

Why is the Solar Panel Market Booming?  ✔Advancements in Solar Panel Technology  ✔Contribution to Green Building Initiatives  ✔Increasing Investments in Commercial Construction & Projects  Are you curious to learn more about the market? click: https://lnkd.in/g7MpYx2J Key Players: JinkoSolar U.S. | Canadian Solar Inc. | Trinasolar | SunPower Corporation | HANWHA Q CELLS USA INC | LONGi Solar | Risen Energy | KANEKA CORPORATION #solarpanelmarket #ariztonresearchreveals #marketresearch #markettrends